Letsoalo lawyered up a week before RAF board put him on ice
A week before being placed on special leave, RAF chief executive Collins Letsoalo enlisted legal counsel and declined to appear before Parliament’s Standing Committee on Public Accounts.
A closer look at dividend-focused investing
High-yield equities can smooth volatility and generate reliable income, helping investors to balance growth and defence across bull and bear phases.
‘A train wreck’: SCOPA chair tears into RAF board over vacancies and fiscal chaos
Committee chairperson Songezo Zibi slams the Road Accident Fund’s leadership for dysfunction, defying court rulings, and turning oversight into a ‘mockery’.
Liberty flags high income protection claims in the financial sector
The group also notes a surge in capital disability benefit claims, driven by increases in the number of claimants and the average sum assured.
Former financial planner’s debarment over client loans upheld
The Tribunal confirmed Standard Bank’s decision to debar its representative for borrowing thousands of rands from his clients and failing to disclose his outside business activities.
Court strikes down Trump’s emergency tariffs as executive overreach
The White House has already filed an appeal, setting the stage for a legal battle that could reach the Supreme Court.
Two-pot’s billion-rand bill: future fund members could carry the cost
The FSCA finds wildly inconsistent withdrawal charges under the two-pot retirement system, with some members paying up to R750 per transaction.
Former Liberty manager and adviser must delete defamatory posts
The proper channels for resolving employment-related grievances are the statutory dispute-resolution bodies, not social media, says the High Court.
Pandemic pricing pains catch up with medical schemes – higher contributions ahead
Three medical schemes fell below the 25% solvency threshold in 2023.
FSP fined for inadequate client-screening processes
An RMCP must set out the processes for identifying, investigating, and reporting suspicious transactions, and for screening clients against the sanctions lists.
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Budget | Citizens benefiting from only a quarter of spending
Is it time for ‘a proper austerity budget’ that will free up funds for growth-boosting infrastructure projects and service delivery?
Budget | Fitch questions Treasury’s fiscal consolidation narrative
National Treasury forecasts a narrowing deficit, from 4.8% of GDP in 2025/26 to 3.8% in 2026/27. Fitch, however, projects larger deficits of 5.1% and 4.5% respectively.
FSCA overstepped its authority on retirement fund exemption time limit
The Tribunal finds the FSCA acted beyond its legal authority by imposing a three-year time limit on an exemption, reaffirming a key precedent on regulatory overreach.
Surge in unregulated buy-now-pay-later raises affordability concerns
Credit expansion is coming almost entirely from the deeper use of cards and personal loans by current credit-active consumers, rather than fresh market entrants, says RCS.
Unauthorised operators masquerade as top firms to promise unrealistic returns
The FSCA warns the public about multiple unauthorised financial scams impersonating trusted brands on social media, urging caution and verification before investing.
Beefed-up SARS might stave off R20bn in tax increases in 2026
An inflation-linked rise in the general fuel levy will in no way be sufficient to plug the revenue hole left by scrapping the two VAT increases.
Budget gap widens as revenue projections slide
The revised Budget reveals the hard truth: with limited borrowing room and rising demands, Treasury must make tough calls on what to fund – and what to cut.
